LANGUAGE & ARCHITECTURE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LANGUAGE & ARCHITECTURE
Largest movements
- Tangible fixed assets -€38,935
down €38,935 (-5.8%), from €666,306 to €627,372
of which Land and buildings: -€37,968
- Deferred charges and accrued income +€21,780
new in 2022: €21,780
- Receivables within one year +€12,377
up €12,377 (+3.3%), from €379,903 to €392,280
of which Trade receivables: +€13,758
- Trade debts +€23,345
up €23,345 (+40.5%), from €57,702 to €81,046
- Debts after one year -€20,374
down €20,374 (-2.4%), from €845,096 to €824,721
of which Financial debts: -€43,358
- Reserves -€18,924
down €18,924 (-16.2%), from €116,736 to €97,812
- Gross operating margin -€59,669
down €59,669 (-52.9%), from €112,755 to €53,086
- Taxes -€14,174
down €14,174 (-74.8%), from €18,951 to €4,778
- Financial charges -€4,586
down €4,586 (-18.5%), from €24,795 to €20,209
From the 2021 result to the 2022 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,048,136 | €1,043,358 | -€4,778 | -0.5% |
| Fixed assets | 21/28 | €668,233 | €629,299 | -€38,935 | -5.8% |
| Tangible fixed assets | 22/27 | €666,306 | €627,372 | -€38,935 | -5.8% |
| Land and buildings | 22 | €660,085 | €622,117 | -€37,968 | -5.8% |
| Furniture and vehicles | 24 | €6,221 | €5,255 | -€966 | -15.5% |
| Financial fixed assets | 28 | €1,927 | €1,927 | = | 0.0% |
| Current assets | 29/58 | €379,903 | €414,060 | +€34,157 | +9.0% |
| Amounts receivable within one year | 40/41 | €379,903 | €392,280 | +€12,377 | +3.3% |
| Trade receivables | 40 | €26,570 | €40,328 | +€13,758 | +51.8% |
| Other amounts receivable | 41 | €353,333 | €351,952 | -€1,381 | -0.4% |
| Deferred charges and accrued income | 490/1 | - | €21,780 | +€21,780 | |
| Total equity and liabilities | 10/49 | €1,048,136 | €1,043,358 | -€4,778 | -0.5% |
| Equity | 10/15 | -€8,749 | -€18,882 | -€10,134 | -115.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €116,736 | €97,812 | -€18,924 | -16.2% |
| Tax-exempt reserves | 132 | €116,736 | €97,812 | -€18,924 | -16.2% |
| Profit (loss) carried forward | 14 | -€131,682 | -€122,892 | +€8,790 | +6.7% |
| Provisions and deferred taxes | 16 | €60,110 | €50,366 | -€9,744 | -16.2% |
| Deferred taxes | 168 | €60,110 | €50,366 | -€9,744 | -16.2% |
| Amounts payable | 17/49 | €996,775 | €1,011,875 | +€15,100 | +1.5% |
| Amounts payable after more than one year | 17 | €845,096 | €824,721 | -€20,374 | -2.4% |
| Financial debts | 170/4 | €693,685 | €650,326 | -€43,358 | -6.3% |
| Other amounts payable | 178/9 | €151,411 | €174,395 | +€22,984 | +15.2% |
| Amounts payable within one year | 42/48 | €151,679 | €187,154 | +€35,475 | +23.4% |
| Current portion of amounts payable after more than one year | 42 | €48,847 | €54,538 | +€5,692 | +11.7% |
| Financial debts | 43 | €5,024 | €6,063 | +€1,039 | +20.7% |
| Credit institutions | 430/8 | €5,024 | €6,063 | +€1,039 | +20.7% |
| Trade debts | 44 | €57,702 | €81,046 | +€23,345 | +40.5% |
| Suppliers | 440/4 | €57,702 | €81,046 | +€23,345 | +40.5% |
| Taxes, remuneration and social security | 45 | €24,267 | €29,667 | +€5,399 | +22.2% |
| Taxes | 450/3 | €24,267 | €29,667 | +€5,399 | +22.2% |
| Other amounts payable | 47/48 | €15,840 | €15,840 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,568 | €42,724 | +€156 | +0.4% |
| Other operating charges | 640/8 | €5,779 | €5,081 | -€699 | -12.1% |
| Non-recurring operating charges | 66A | €385 | €173 | -€212 | -55.1% |
| Gross operating margin | 9900 | €112,755 | €53,086 | -€59,669 | -52.9% |
| Operating profit (loss) | 9901 | €64,023 | €5,108 | -€58,915 | -92.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -95.8% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -95.8% |
| Financial charges | 65/66B | €24,795 | €20,209 | -€4,586 | -18.5% |
| Recurring financial charges | 65 | €24,795 | €20,209 | -€4,586 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €39,229 | -€15,101 | -€54,330 | |
| Transfer from deferred taxes | 780 | €9,744 | €9,744 | = | 0.0% |
| Income taxes | 67/77 | €18,951 | €4,778 | -€14,174 | -74.8% |
| Profit (loss) for the period | 9904 | €30,022 | -€10,134 | -€40,156 | |
| Transfer from tax-exempt reserves | 789 | €18,924 | €18,924 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,946 | €8,790 | -€40,156 | -82.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.